Dieter Jentsch
announces retirement from Scotiabank
TORONTO, Nov. 30, 2018 /CNW/ - Scotiabank today announced
that Jake Lawrence and James Neate will be appointed as Co-Group Heads
to lead Scotiabank's Global Banking and Markets division.
These appointments will be effective December 1, 2018, in conjunction with the
retirement of Dieter Jentsch, Group
Head, Global Banking and Markets. Dieter will remain with the
Bank into January 2019 as a strategic
advisor and to facilitate transition.
"On behalf of Scotiabank, I want to thank Dieter for his many
contributions and years of service," said Brian Porter, President and Chief Executive
Officer, Scotiabank. "His leadership in building a better Bank in
multiple businesses over his career will have a lasting
impact."
As Co-Group Heads of Global Banking and Markets, Jake Lawrence and James
Neate will be responsible for the creation of a unified
growth strategy and global connectivity of customer activities as
well as building market share and profitability of the business.
Jake will also continue to lead Global Banking and Markets,
U.S.
"These appointments are a reflection of the depth of talent we
have on our executive team," said Mr. Porter. "Under their joint
leadership, Jake and James have the experience and skills to
execute on our long-term strategy, strengthening Global Banking and
Markets' position in Canadian and International Markets."
James Neate was appointed to
Global Head, Corporate & Investment Banking in November
2018. James is a strategic leader with extensive experience
across the Bank, most recently Executive Vice President of
International Corporate and Commercial Banking.
Jake Lawrence was appointed as
Executive Vice President, Global Banking and Markets U.S. in
May 2018 with responsibility for
strengthening Scotiabank's U.S. operations. He has deep
expertise and knowledge in banking having held the positions of
Senior Vice President, Deputy Treasurer and Senior Vice President,
Investor Relations.
SOURCE Scotiabank